Slovenian guard Zoran Dragic's agency has informed his Spanish club team that he is leaving to sign a two-year, $3.5 million deal with the Phoenix Suns, ESPN's Marc Stein reports.

Dragic, the younger brother of Suns guard Goran Dragic, has a $1 million buyout in his contract with Unicaja Malaga, but Phoenix will reportedly pay it in order to bring him on. Any signing had to have occurred before the Spanish season begins in October.